All Company cars articles – Page 28
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Article
Archant exceeds expected take up of green car scheme
Archant’s green company car scheme is proving popular among staff as the take-up figure is ahead of target.The 30% of employees that have opted for lower carbon emitting cars is more than three times the number expected by the media group.Archant appointed fleet management firm CLM earlier this year to ...
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Article
Magnet renews its fleet contract
Kitchen retailer Magnet has renewed its 650-vehicle hire contract with the Leasedrive Velo Group for a further four years.The contract covers its company cars and 40 user-chooser drivers.Lisa Wright, HR director at Magnet, said: "Leasedrive Velo has always provided excellent service levels, pro-active management and continually strives to deliver a ...
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Article
Employers increasingly recognise value of company cars
More employers are recognising the importance of company cars and giving drivers more choice.The latest Company Car Trends Survey by GE Capital Fleet Services revealed nearly half (42%) of fleet managers recognise the importance of company cars as a key recruitment and retention tool, compared to just one in three ...
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Article
Cable and Wireless Worldwide signals salary sacrifice car scheme
Cable and Wireless Worldwide has launched an environmentally friendly salary sacrifice car scheme for its 5,500 UK-based employees.Since the plan was launched at the beginning of August, 1,000 staff have registered to take part. Through the plan, drivers can choose from a range of low-emission brands such as BMW, Mini, ...
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Analysis
How will VAT rise affect company cars?
If you read nothing else, read this...Accept leasing, purchase, servicing, maintenance, fuel and insurance costs - whether reclaimable or not - will rise as value-added tax (VAT) is going up.Employers should audit their fleet funding and acquisition model now so they do not get caught out in January.Do not necessarily ...
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Article
One in five fleets fail to recheck driving licences
One in five company car fleets fail to regularly recheck driving licences according to research conducted by by CFC Solutions.Around a fifth of organisations using the firm's licence link software do not have any plans to check if the status of their drivers have changed by gaining more driver penalty ...
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Article
Rugby Football Union converts fleet package
The Rugby Football Union (RFU) has consolidated its fleet provision and entered into a four-year fleet management contract with one provider as part of a drive to cut costs.The new arrangement, which is provided by fleet management firm Masterlease, will see all aspects of the organisation's 167-strong fleet offered by ...
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Article
PwC research: One fifth of employers intend to reduce fleet choice
One fifth of organisations intend to reduce the choice of car available to employees, according to PricewaterhouseCoopers’ (PwC) Company Car UK report.While the number of organisations offering a car benefit has remained fairly static over the last five years, increasing limits are being placed on vehicle choice and replacement timeframes.Restrictions ...
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Article
Doosan Power Systems launches salary sacrifice scheme for company cars
Doosan Power Systems has launched a salary sacrifice fleet scheme for 2,500 employees as a voluntary benefit.The power utilities firm previously had a company car scheme in place but has added the salary sacrifice element to encourage low-cost car ownership through low CO2 vehicles.Launched this month through Zenith Provecta, the ...
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Article
Small fleets neglect duty of care and driver training
Small fleet operators fail to recognise the importance of duty of care and offering driver training..According to the Company Car Trends report by GE Capital Fleet Services, just over three in five (63%) small fleet operators see the significance of duty of care, compared to three-quarters (76%) of larger fleets.The ...
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Article
Airbus staff take up salary sacrifice car scheme
Airbus has achieved a 4.5% take-up among eligible employees for its salary sacrifice car scheme since it was launched in July.Employees can pay for perk cars out of their gross salary, saving on tax and national insurance (NI) on the lease price. On average, staff can save £70 to £80 ...
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Article
IASB aims to improve financial reporting on vehicle leasing
The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have published joint proposals to improve the financial reporting on vehicle leasing contracts.The aim of the proposals is to provide a consistent approach to lease accounting for both the lessees and lessors, bringing all leased assets ...
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Article
ACFO survey: fleets have little interest in salary sacrifice
Although salary sacrifice schemes are being promoted by vehicle providers as the new employee benefit for 2010 and beyond, a survey by ACFO, the fleet operators’ organisation, has revealed interest levels are lower than marketplace comments would suggest.The accelerating arrival from vehicle manufacturers of low-emission cars twinned with attractive corporate ...
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Article
Jaama offers free trial of fleet management software
Jaama is offering a free three-month trial of its new fleet management software specially designed for businesses running small fleets.The fleet management software provider launched its web-based fleet system to assist employers in coordinating and managing fleet data while reducing operating costs.FleetAssistant also targets managing the duty of care for ...
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Article
Mitie Group revamps fleet management
Mitie Group has revamped its fleet management provision as part of efforts to reduce the costs associated with its 6,000-strong fleet.As part of its new contract with Zenith Provecta the property and asset management firm will also take advantage of a maintenance service for 3,000 vehicles, accident management and daily ...
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Article
Jaama launches new version of online fleet information portal
Jaama has launched a new version of its electronic driver services (EDS) module that allows employees who drive their own vehicles on business to record documentation online.EDS is a risk management tool and a driver information portal within the fleet software organisation’s Key2 Vehicle Management system.Drivers have always been able ...
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Article
Mencap signs fleet contract with Leasedrive Velo
Mencap has signed a four-year contract with the Leasedrive Velo Group which will cover the management of 250 company vehicles.The learning disability charity will be covered for buying, selling, maintenance and accident management, as well as short-term vehicle rental.Steven Harrington, procurement manager at Mencap, said: "The flexibility of the online ...
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Article
Scope renews vehicle management contract with Leasedrive Velo
Disability charity Scope has renewed its vehicle management contract for a further three years with Leasedrive Velo Group.The new agreement will include contract provision for new vehicles and ongoing fleet management of 225 vehicles, as well as accident management services and short-term vehicle rentals.Roddy Graham, commercial director, Leasedrive Velo, said: ...
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Article
Crest Nicholson introduces carbon-capping for company cars
Crest Nicholson has introduced a carbon-capping scheme across its entire fleet of 230 company cars.The housebuilding firm had previously implemented a maximum emissions cap of 195g/km across all its company-owned vehicles and has now combined this with an incentive scheme that aims to encourage and reward the use of low-emission ...
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Article
Company cars drive rise in new car registrations
New car registrations were up 10.8% in June after an increase in company car sales boosted the UK car marketDespite fears that the industry would be hit by the end of the government's scrappage scheme, a a 25.3% rise in the fleet market helped to sustain growth and new car ...